Change - Announcement of Cessation::RESIGNATION OF NON-INDEPENDENT NON-EXECUTIVE DIRECTOR - MR MANEESH TRIPATHI

Issuer & Securities

Issuer/ Manager
DIGILIFE TECHNOLOGIES LIMITED
Securities
DIGILIFE TECHNOLOGIES LIMITED - SG1BD0000008 - BAI
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
31-May-2022 22:55:46
Status
New
Announcement Sub Title
RESIGNATION OF NON-INDEPENDENT NON-EXECUTIVE DIRECTOR - MR MANEESH TRIPATHI
Announcement Reference
SG220531OTHRE2NR
Submitted By (Co./ Ind. Name)
Abhrajit Shaw
Designation
Chief Financial Officer
Description (Please provide a detailed description of the event in the box below)
Resignation of Mr Maneesh Tripathi as Non-Independent Non-Executive Director of the Company.

This announcement has been prepared by the Company and its contents have been reviewed by the Company's sponsor, RHT Capital Pte. Ltd. (the "Sponsor"), for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited ("SGX-ST").

This announcement has not been examined or approved by the SGX-ST and the SGX-ST assumes no responsibility for the contents of this announcement, including the correctness of any of the statements or opinions made or reports contained in this announcement.

The details of the contact person for the Sponsor is:
Name: Mr. Leong Weng Tuck (Registered Professional, RHT Capital Pte. Ltd.)
Address: 6 Raffles Quay #24-02, Singapore 048580
Email: sponsor@rhtgoc.com

Additional Details

Name Of Person
Maneesh Tripathi
Age
59
Is effective date of cessation known?
Yes
If yes, please provide the date
31/05/2022
Detailed Reason (s) for cessation
Mr Maneesh Tripathi ("Mr Tripathi") tendered his resignation to pursue future opportunities in business and social goals which better align with his future plans.

Based on its enquires, the Company's Sponsor, RHT Capital Pte. Ltd., is satisfied that save as disclosed in this announcement, there are no other material reasons for the cessation of Mr Tripathi as the Non-Independent Non-Executive Director of the Company.

In light of the above, the Board and the Nominating Committee have shortlisted a candidate to fill the vacancy in the Audit Committee within two months, but in any case, no later than three months from 31 May 2022 so to meet the minimum number (not less than three) Audit Committee Members as set out in Rule 704(7) of the Listing Manual Section B: Rules of Catalist of the Singapore Exchange Trading Limited and comply with the relevant principles and provisions of the Code of Corporate Governance 2018. The Company will make the necessary announcement in due course.
Are there any unresolved differences in opinion on material matters between the person and the board of directors, including matters which would have a material impact on the group or its financial reporting?
No
Is there any matter in relation to the cessation that needs to be brought to the attention of the shareholders of the listed issuer?
No
Any other relevant information to be provided to shareholders of the listed issuer?
No
Date of Appointment to current position
19/04/2022
Does the AC have a minimum of 3 members (taking into account this cessation)?
No
Number of Independent Directors currently resident in Singapore (taking into account this cessation)
2
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
2
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Independent Non-Executive Director
Role and responsibilities
Non-Independent Non-Executive Director
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
None
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
Direct interest - 217,105 shares in the Company
Past (for the last 5 years)
1. Cavu Corp Pte Ltd
2. Centia Pte Ltd
3. Centia Technologies Sdn Bhd
4. CSL Multimedia Sdn Bhd
5. CSL Mobile Care (M) Sdn Bhd
6. Delteq Pte Ltd
7. Delteq Systems Pte Ltd
8. Delteq (M) Sdn Bhd
9. Delteq Systems (M) Sdn Bhd
10. Mediaring (Europe) Limited
11. Mediaring Network Services Pte Limited
12. Mediaring.com (Shanghai) Limited
13. Netpluz Cyberassure Pte Ltd
14. Newtel Corporation Co Ltd
15. Peremex Sdn Bhd
16. Singapore Electric Vehicles Pte Ltd
17. Spice International Sdn Bhd
18. T.H.C. International Co Ltd
Present
1. Autonomous Electric Mobility Private Limited
2. Bharat IT Services Limited
3. Bigstar Development Limited
4. CSL Communication (Shenzhen) Co., Ltd
5. Global Citizen Forum Ltd
6. Madhyuttar Federation, India
7. Maxworld Asia Limited
8. Mobile Service International Co., Ltd
9. Modi Indonesia 2020 Pte Ltd
10. Peremex Pte Ltd
11. PT Selular Media Infotama
12. PT Metrotech Jaya Komunika Indonesia
13. PT Selular Global Net
14. PT Technomas Internusa
15. SEV Projects Pte Limited
16. SICCI Capital Pte Ltd
17. SICCI Trade Match Information Network(s) Pte. Ltd.
18. Singapore Indian Chamber of Commerce & Industry
19. SME Centre@SICCI Pte Ltd
20. Smart Global Corporate Holdings Private Limited
21. Spice Global Ventures Pte Ltd
22. Spice-CSL Pte Ltd